Entry of goods in SEZ

[saket s]

Hello,

Whether equipment/material taken on lease be entered in SEZ on returnable basis?

AI Summary

SEZ Units Can Import Leased Equipment for Manufacturing, Requires Approval from Development Commissioner and Customs Authorities A discussion in a forum addressed whether equipment or materials can be leased and entered into a Special Economic Zone (SEZ) on a returnable basis. A participant confirmed that SEZ units are permitted to import goods on a lease basis for processing, manufacturing, or production. However, it is necessary for SEZ units to obtain permission from the zone's development commissioner and customs authorities before proceeding with such imports. It was advised to verify details with the relevant authorities to ensure compliance.